GAMMA BETA FOUNDATION

EIN: 366065478 501(c)(3) Education

Chicago, IL

Total Revenue
$85,394
Total Expenses
$95,130
Total Assets
$405,013
Net Assets
$405,013
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer
GEORGE O BENNETT
Phone
3122634800
Tax Period
2024-01-01 to 2024-12-31

GAMMA BETA FOUNDATION is a micro nonprofit in the Education sector that reported $85K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $95K exceeded revenue, resulting in a 11% operating deficit.

Mission

To be used for the benefit of students of Northwestern University who may be (continued)members of Sigma Nu fraternity for scholarships, grants-in-aid, or maintenance of the fraternity house of Sigma Nu fraternity.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $64,143
Program Service Revenue $0
Investment Income $14,784
Other Revenue $6,467
TOTAL REVENUE $85,394

Expense Breakdown

Grants Paid $48,624
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $48,624
Other Expenses $46,506
TOTAL EXPENSES $95,130

Year-over-Year Comparison

2024 2023 Change
Revenue $85,394 $76,695 +0.1%
Expenses $95,130 $70,195 +0.4%
Net Income $-9,736 $6,500 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT EBACH Director 5.00
Director
$0 $0 $0
DAVE ELZINGA Director 5.00
Director
$0 $0 $0
JEFF KLEBAN Director 5.00
Director
$0 $0 $0
BEN BUETTELL President/Dir 5.00
Officer
$0 $0 $0
DANIEL W MASLAUSKI Vice Pres/Dir 5.00
Officer
$0 $0 $0
GEORGE O BENNETT Sec/Treas/Dir 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $85,394 $95,130 $405,013 $-9,736
2023 $76,695 $70,195 $375,977 $6,500
2022 $73,311 $49,482 $338,249 $23,829
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